Now Xantrex Technology Inc., Programmable Power Products Division

COMMUNICATION
We believe that effective communication is integral to our success as a team. It is the result of honest and open dialogue which is timely, constructive, and informative. The exploration of different points of view is critical to effective communication.

CORPORATE CITIZENSHIP
We must recognize our obligation to ensure the safety of our employees and to enhance the communities in which we live and work. We must consider the effect of our decisions on the community and environment.

CUSTOMERS
All Elgar employees must be committed to providing each internal and external customer with consistently outstanding products and service. We have a responsibility to our customers and we must seek their input to assist in guiding our actions.

INNOVATION AND CHANGE
We must encourage and value creative thinking which is the source of new ideas and concepts to effect positive change. Innovation is essential and leads to continuous improvement in all aspects of our business.

INTEGRITY
We believe that corporate integrity is the result of individual integrity. We must adhere to a code of behavior that is based upon honesty, respect for indivuals, fairness, and doing what we say we will do.

LONG-TERM PERSPECTIVE
We must not sacrifice our future security, growth, profitability, or reputation for short-term gain.

LEADERSHIP
Leadership is the act of guiding or influencing others. Our leaders are required to exemplify the Elgar values and champion our vision. They must be effective team players, who enable others to act and to assume greater responsibility. Their high expectations must guide us toward accomplishing our organizational and personal goals.

QUALITY
Quality must permeate every aspect of the organization. We must strive to meet or exceed our customers' expectations in all things we do. Our goal is to continuously improve performance and ensure value to our customers.

RECOGNITION
Recognition is essential to maintaining a positive work environment. We must recognize the contributions made by individuals and teams.

RESPECT
We value the contribution of each individual, both personally and professionally. We must be honest, fair, and consistent in our relationships. We must be sensitive to individual needs and demanding of mutual respect between all employees.

TEAMWORK
We must support a team approach to improving productivity, solving problems, and meeting shared goals. We believe that the results of operating as a team outweigh the results of operating as individuals. We must encourage active involvement as a means of making the best decisions and creating ownership.